Popular Vehicles & Services: Promoter Group Acquires 42,846 Shares in Multiple Transactions
Popular Vehicles & Services Ltd's promoter group entity Kuttukaran Homes LLP completed multiple share acquisitions totaling 42,846 equity shares through open market purchases on March 25, 2026. The transactions, valued at ₹39,99,360, increased the entity's shareholding from 0.059% to 0.12% of the company's total voting capital.

*this image is generated using AI for illustrative purposes only.
Popular Vehicles & Services Ltd has announced that its promoter group entity, Kuttukaran Homes LLP, has acquired a total of 42,846 equity shares through multiple open market transactions. The acquisitions were completed on March 25, 2026, representing a significant increase in the promoter group's shareholding from 0.059% to 0.12% of the company's total voting capital.
Transaction Overview
The share acquisitions were executed through two separate transactions with a combined value of ₹39,99,360. The first transaction involved the purchase of 22,000 equity shares valued at ₹19,97,732, while the second transaction comprised 20,846 equity shares worth ₹20,01,628. Both transactions were conducted through open market purchases on March 25, 2026.
| Transaction Details: | First Purchase | Second Purchase | Combined |
|---|---|---|---|
| Shares Acquired: | 22,000 | 20,846 | 42,846 |
| Transaction Value: | ₹19,97,732 | ₹20,01,628 | ₹39,99,360 |
| Exchange: | NSE | BSE | Both |
| Date: | March 25, 2026 | March 25, 2026 | March 25, 2026 |
Shareholding Pattern Changes
Prior to these acquisitions, Kuttukaran Homes LLP held 42,600 equity shares representing 0.059% of the total voting capital. Following the completion of both transactions, the promoter group entity now holds 85,446 equity shares, representing 0.12% of the total voting capital of Popular Vehicles & Services Ltd.
| Shareholding Summary: | Details |
|---|---|
| Pre-Acquisition Holding: | 42,600 shares (0.059%) |
| Total Shares Acquired: | 42,846 shares (0.029% each transaction) |
| Post-Acquisition Holding: | 85,446 shares (0.12%) |
| Mode of Acquisition: | Open Market Purchase |
Company Structure and Compliance
Popular Vehicles & Services Ltd maintains a total equity share capital of 7,11,98,198 equity shares of ₹2 each, aggregating to ₹14,23,96,396. The disclosures were made in compliance with Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations 2015.
Entity Information
Kuttukaran Homes LLP, the acquiring entity, is based at Kuttukaran Centre, Mamangalam, Cochin, and is represented by Naveen Philip as the Designated Partner (DPIN: 00018827). Popular Vehicles & Services Ltd operates from the same location and is engaged in automotive services with operations across Kerala, Tamil Nadu, Karnataka, and Telangana. The company received the disclosure from Kuttukaran Homes LLP on March 27, 2026, and subsequently informed the stock exchanges the same day.
Historical Stock Returns for Popular Vehicles & Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.00% | +5.23% | -4.27% | -34.72% | -5.61% | -67.43% |
Will Kuttukaran Homes LLP continue increasing its stake in Popular Vehicles & Services Ltd beyond the current 0.12% holding?
How might this promoter group stake increase impact Popular Vehicles & Services Ltd's expansion plans across South Indian markets?
Could this acquisition signal potential strategic changes or new business initiatives at Popular Vehicles & Services Ltd?

































